Alaska Air Q3 Adj. EPS $1.83 Misses $1.86 Estimate, Sales $2.84B Miss $2.87B Estimate
Portfolio Pulse from Benzinga Newsdesk
Alaska Air Group reported Q3 earnings of $1.83 per share, missing the analyst consensus estimate of $1.86 by 1.61%. This is a 27.67% decrease from the same period last year. The company also reported quarterly sales of $2.84 billion, missing the analyst consensus estimate of $2.87 billion by 1.08%. This is a 0.39% increase from the same period last year.
October 19, 2023 | 10:02 am
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NEGATIVE IMPACT
Alaska Air Group's Q3 earnings and sales missed analyst estimates. Earnings per share decreased by 27.67% YoY, while sales increased by 0.39% YoY.
Alaska Air Group's earnings and sales missed analyst estimates, which could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100